五味子
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Look at this guy Trump,
What did he even discuss at the White House cryptocurrency summit?
On March 8, 2025, U.S. President Trump hosted the first cryptocurrency summit at the White House, discussing the government's plans to establish strategic reserves of cryptocurrencies like Bitcoin.
At the summit, Trump reiterated the executive order he signed the day before, announcing the inclusion of cryptocurrencies like Bitcoin into the national strategic reserves.
He emphasized that building this reserve would not increase the burden on taxpayers, and the Treasury and Commerce Departments would develop a 'budget-neutral' strategy to acquire more Bitcoin. David Sacks, the White House cryptocurrency and artificial intelligence affairs commissioner, stated that this reserve would include Bitcoin obtained by the government through criminal or civil asset forfeiture processes.
However, the summit did not mention plans for the government to purchase more Bitcoin, nor did it announce the cancellation of capital gains tax on cryptocurrency transactions, as the market had anticipated. Overall, the summit lacked substantial policy announcements, primarily focusing on government officials and attendees expressing support and gratitude to the president.
This is not a joke; it’s clearly just a gimmick to hype up the price and harvest retail investors. The only thing that might happen is strategizing on how to siphon off from small investors like Zhao Si. After all, holding power means taking advantage of the situation; ordinary people cannot fight against the government and can only suffer in silence.
Ah, the U.S. stock market is in danger. There is a possibility of further decline, and the cryptocurrency market cannot escape either. Currently, the trend remains downward. Just looking at the indicators, it has broken the bull-bear boundary, and it is already bearish. If you disagree, tell me, where are the indicators for a bull market?
Anyway, there is still a possibility of further decline in prices; everyone is currently focusing on short-term trades, selling on rallies, and avoiding big risks. Surviving is what matters. #白宫首届加密货币峰会 #特朗普签署行政命令 $BTC
👇👇👇
币安王牌KOL专属群（五味子）
What did he even discuss at the White House cryptocurrency summit?
On March 8, 2025, U.S. President Trump hosted the first cryptocurrency summit at the White House, discussing the government's plans to establish strategic reserves of cryptocurrencies like Bitcoin.
At the summit, Trump reiterated the executive order he signed the day before, announcing the inclusion of cryptocurrencies like Bitcoin into the national strategic reserves.
He emphasized that building this reserve would not increase the burden on taxpayers, and the Treasury and Commerce Departments would develop a 'budget-neutral' strategy to acquire more Bitcoin. David Sacks, the White House cryptocurrency and artificial intelligence affairs commissioner, stated that this reserve would include Bitcoin obtained by the government through criminal or civil asset forfeiture processes.
However, the summit did not mention plans for the government to purchase more Bitcoin, nor did it announce the cancellation of capital gains tax on cryptocurrency transactions, as the market had anticipated. Overall, the summit lacked substantial policy announcements, primarily focusing on government officials and attendees expressing support and gratitude to the president.
This is not a joke; it’s clearly just a gimmick to hype up the price and harvest retail investors. The only thing that might happen is strategizing on how to siphon off from small investors like Zhao Si. After all, holding power means taking advantage of the situation; ordinary people cannot fight against the government and can only suffer in silence.
Ah, the U.S. stock market is in danger. There is a possibility of further decline, and the cryptocurrency market cannot escape either. Currently, the trend remains downward. Just looking at the indicators, it has broken the bull-bear boundary, and it is already bearish. If you disagree, tell me, where are the indicators for a bull market?
Anyway, there is still a possibility of further decline in prices; everyone is currently focusing on short-term trades, selling on rallies, and avoiding big risks. Surviving is what matters. #白宫首届加密货币峰会 #特朗普签署行政命令 $BTC
👇👇👇
币安王牌KOL专属群（五味子）
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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